First Hawaiian to Acquire TriCo Bancshares for $1.77 Billion
First Hawaiian, Inc. (FHB) entered a merger agreement on July 13, 2026, to acquire TriCo Bancshares (TCBK) in a deal valued at about $1.77 billion. Deal Structure: TriCo…
Written byAsif SuriaSource: InsideArbitrage
First Hawaiian, Inc. (FHB) entered a merger agreement on July 13, 2026, to acquire TriCo Bancshares (TCBK) in a deal valued at about $1.77 billion. Deal Structure: TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share, representing $63.12 per share, at a 17.67% premium from the stock’s last close. Company Profile: TriCo